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i need help with this please XVI. Using the financial statements for Hamden Optical Mart, calculate the below ratios for 2012 and 2011 and explain

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XVI. Using the financial statements for Hamden Optical Mart, calculate the below ratios for 2012 and 2011 and explain whether the change is favorable or unfavorable [75 Points] a. Return on Assets b. Inventory Turnover C. Days Sales Uncollected d. Profit Margin e. Current Ratio f. Debt-to-Equity Ratio 8. Acid-test (Quick) Ratio IF Hamden Optical Mart Comparative Income Statement For Years Ended December 31, 2012 and 2011 Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income from operations Interest Expense Income before income tax Income tax expense Net Income 2012 $ 687,000 375.000 $ 312,000 129,000 $ 183,000 37.000 $ 146,000 36,000 $ 110,000 2011 $ 595,000 276,000 $ 319,000 142.000 $ 177,000 45,000 $ 132,000 51,000 $ 81,000 Hamden Optical Mart Comparative Balance Sheets As of December 31, 2012 and 2011 2012 2011 2010 $ $ $ Assets Cash and cash equivalents Accounts receivable, net Inventory Prepaid Expenses Total current assets Property, plant and equipment, net Total assets 200,000 181.000 45,000 212.000 297.000 4.000 550.000 285.000 843.000 49.000 158,000 281.000 29.000 517,000 277.000 794.000 $ S 700.000 112,000 Liabilities Accounts payable Other current liabilities Total Long-term liabilities Total liabilities Stockholders' equity Total Common stockholders' equity Total liabilities and stockholders' equity 150.000 135.000 243.000 $ 528,000 105,000 188,000 231,000 524,000 $ $315,000 $ 843,000 s $ 199.000 270,000 794,000 selected 2010 amounts Additional information follows: 2012 Common Shares Outstanding 18,000 2011 17,500 Market Price per share $ 102.17 $ 77.01 All sales on credit

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